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Part 1 of 2 Required Information [The following information applies to the questions displayed below.) The Shirt Shop had the following transactions for T-shirts for

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Part 1 of 2 Required Information [The following information applies to the questions displayed below.) The Shirt Shop had the following transactions for T-shirts for 2018, its first year of operations: points @ @ Jan. 20 Purchased Apr. 21 Purehased July 25 Purchased Sept. 19 Purchased (8 03:57:54 330 units 80 units 220 units 70 units $ 4 $ 6 - - $10 - $1,320 480 1,760 700 eBook During the year, The Shirt Shop sold 530 T-shirts for $15 each References Required a. Compute the amount of ending Inventory The Shirt Shop would report on the balance sheet, assuming the FIFO cost flow assumption FIFO Ending inventory

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